Company tax back to 33% and 5% tax on profits shifted offshore
What it actually does
Te Pāti Māori's Kiwi Tax Plan would return the company tax rate from 28% to 33% and introduce a 5% international profit transfer tax on profits shifted offshore. It also proposes $1bn to tackle serious fraud, tax avoidance and tax evasion.
Source: The Spinoff · 2026-08
The Trump take
“I cut corporate taxes to 21 percent, the biggest cut ever, and they want to go UP to 33? And tax American companies for sending money home? Very unfair to our great companies.”parody
Why it scored this way
Taxes
Raises the company tax rate, the opposite of his own corporate tax cuts
-2
Hates it
US Big Tech
A tax on offshore profit transfers would bite multinationals, including US tech firms
-1
Dislikes it
On the same topics
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